March 9, 2020 / 1:57 PM / 22 days ago

BRIEF-Powerlong Commerical Management Holdings Posts FY Profit Of Group Rmb178.6 Mln

March 9 (Reuters) - Powerlong Commerical Management Holdings Ltd:

* PROFIT OF GROUP FOR YEAR RMB178.6 MILLION, UP 34.0%

* RECOMMENDS PAYMENT OF A FINAL DIVIDEND OF HK$0.20 PER ORDINARY SHARE

* REVENUE OF GROUP FOR YEAR ABOUT RMB1,620.5 MILLION, UP 35.0%

* RENTAL & SERVICE INCOME COULD BE ADVERSELY AFFECTED BY TEMPORARY WAIVERS OF RENTALS OFFERED TO TENANTS, AMONG OTHERS

* PLANS TO ESTABLISH STRATEGIC COOPERATION WITH NATIONAL AND LOCAL LEADING PROPERTY DEVELOPERS Source text for Eikon: Further company coverage:

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